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Thursday, November 7, 2024

Rising home prices in Hastings (Dakota County) in 2020

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The median sale price of a home sold in 2020 in Hastings in Dakota County rose by $15,000 while total sales decreased by 21.2%, according to BlockShopper.com.

From January through December of 2020, there were 356 homes sold, with a median sale price of $250,000 - a 6.4% increase over the $235,000 median sale price for the previous year. There were 452 homes sold in Hastings in 2019.

The median sales tax in Hastings for the most recent year with available data, 2019, was $2,755, approximately 1.1% of the median home sale price for 2020.

The following table compares Hastings to other Dakota County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Burnsville742908-18.3%$295,000$269,9009.3%
Empire433330.3%$290,000$310,000-6.5%
Farmington389509-23.6%$289,900$262,50010.4%
Vermillion1011-9.1%$283,500$260,7508.7%
Apple Valley739941-21.5%$270,000$270,0000%
Castle Rock11837.5%$268,000$292,500-8.4%
Hampton261662.5%$250,250$272,500-8.2%
Inver Grove Heights358460-22.2%$250,000$250,0000%
Hastings356452-21.2%$250,000$235,0006.4%
West St. Paul193278-30.6%$245,000$230,0006.5%
South St. Paul275362-24%$234,000$220,0006.4%
* This story only considers sales data for the part of Hastings that is in Dakota County.

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